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LOAN (Manhattan Bridge Capital) Accounts Receivable : $1.62 Mil (As of Mar. 2025)


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What is Manhattan Bridge Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Manhattan Bridge Capital's accounts receivables for the quarter that ended in Mar. 2025 was $1.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Manhattan Bridge Capital's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 80.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Manhattan Bridge Capital's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-1.84.


Manhattan Bridge Capital Accounts Receivable Historical Data

The historical data trend for Manhattan Bridge Capital's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manhattan Bridge Capital Accounts Receivable Chart

Manhattan Bridge Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.96 1.36 1.40 1.52

Manhattan Bridge Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.49 1.54 1.52 1.62

Manhattan Bridge Capital Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Manhattan Bridge Capital Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Manhattan Bridge Capital's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.619/1.827*91
=80.86

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Manhattan Bridge Capital's accounts receivable are only considered to be worth 75% of book value:

Manhattan Bridge Capital's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.201+0.75 * 1.619+0.5 * 0-22.461
-0-0)/11.439
=-1.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Manhattan Bridge Capital Accounts Receivable Related Terms

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Manhattan Bridge Capital Business Description

Traded in Other Exchanges
N/A
Address
60 Cutter Mill Road, Suite 205, Great Neck, NY, USA, 11021
Manhattan Bridge Capital Inc is a real estate finance company taxed as a REIT that specializes in originating, servicing and managing a portfolio of first mortgage loans. The company offers short-term, secured, non-banking loans which may renew or extend, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Executives
Assaf Ran director, 10 percent owner, officer: President & CEO C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Michael Jackson director AGENCY.COM, 20 EXCHANGE PL, NEW YORK NY 10005
Lyron L Bentovim director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Vanessa Kao officer: CFO C/O MANHATTAN BRIDGE CAPITAL, INC., 60 CUTTER MILL ROAD, GREAT NECK NY 11021
Eran Goldshmid director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Phillip Michals director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Inbar Evron-yogev officer: Chief Financial Officer 792 COLUMBUS AVENUE, NEW YORK NY 10025
Mark Alhadeff director 520 EAST 11TH STREET, NEW YORK NY 10009
Yael Shimor Golan director, officer: CFO 247 W 57TH ST, NEW YORK NY 10019
Hummingbird Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Stephen A Zelnick director

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